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Trade in balancing energy

LITGRID AB, ELERING AS and Augstsprieguma Tīkls AS all together here and after referred to as the "TSOs" and each separately - "TSO" have established the cooperation in respect to coordinated balance control, the exchange of the balancing energy, imbalance netting and coordinated balance settlement.
TSO, based on the offers received from the auction participants, gives instructions to effectively change the generation conditions if the Baltic regional system balance is not maintained. Electricity market participants that have signed the Balancing service contract  with TSO becomes a balancing service provider (BSP). Balancing energy is energy used by TSO for balancing and supplied by the BSP. 
 
Contact persons for Balancing service contract:
 
Head of Market services planning group Benas Makauskas tel.: +370 707 02124, e-mail.: [email protected]